R.S. Software Limited Announces Standalone and Consolidated Audited Earnings Results for Third Quarter and Nine Months Ended December 31, 2013
January 16, 2014 at 06:35 pm IST
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R.S. Software (India) Limited announced standalone and consolidated audited earnings results for third quarter and nine months ended December 31, 2013. For the quarter on standalone basis, the company reported total income from operations of INR 874.5 million against INR 706.0 million a year ago. Profit from operations before other income, finance income and exceptional items was INR 178.5 million against INR 85.9 million a year ago. Profit from ordinary activity before tax was INR 193.9 million against INR 104.9 million a year ago. Net profit was INR 133.9 million or INR 10.85 diluted per share against INR 85.2 million or INR 6.82 diluted per share a year ago.
For the nine months on standalone basis, the company reported total income from operations of INR 2,653.7 million against INR 2,230.5 million a year ago. Profit from operations before other income, finance income and exceptional items was INR 519.0 million against INR 320.6 million a year ago. Profit from ordinary activity before tax was INR 559.0 million against INR 350.7 million a year ago. Net profit was INR 351.8 million or INR 28.51 diluted per share against INR 269.6 million or INR 21.59 diluted per share a year ago.
For the quarter on consolidated basis, total income from operations of INR 939.5 million against INR 775.5 million a year ago. Profit from operations before other income, finance income and exceptional items was INR 184.5 million against INR 94.5 million a year ago. Profit from ordinary activity before tax was INR 202.0 million against INR 113.6 million a year ago. Net profit was INR 140.0 million or INR 11.35 diluted per share against INR 93.7 million or INR 7.50 diluted per share a year ago.
For the nine months, the company reported on consolidated basis total income from operations of INR 2,886.8 million against INR 2,419.6 million a year ago. Profit from operations before other income, finance income and exceptional items was INR 546.3 million against INR 336.2 million a year ago. Profit from ordinary activity before tax was INR 586.9 million against INR 366.4 million a year ago. Net profit was INR 377.7 million or INR 30.61 diluted per share against INR 285.0 million or INR 22.83 diluted per share a year ago.
R S Software (India) Ltd is an India-based company, which is engaged in development, testing and maintenance of software for its clients based in different geographies. The Company is focused on providing software solutions to the electronic payment industries. The Company's segments include USA and ROW. Its business information technology (IT) services consist of software development and related services, consulting and package implementation, and from the licensing of software products and platforms across its core and digital offerings (software related services). Its product offerings include RS RTPS, RS Digitaledge, RS Realedge, RS Billabhi-Central, RS Billabhi-Bank, RS Intelliedge, RS Intelliedge-Central and RS Intelliedge-Banks, among others. Its services include healthcheck, professional services and consulting. The Company offers its services to various segments, including networks, processors, banks, merchants, payment service providers and national payments infrastructure.
R S SOFTWARE (INDIA) LIMITED 
